News

Century City, a private equity team led by Mehdi Khodadad, has joined Sidley Austin from Cooley.

Grant Thornton has added two key professionals to its Corporate Value Consulting practice within Transaction Services. Managing Director Brad Edwards and Principal Tim Frehner joined the firm, based in Seattle and San Francisco, respectively. _x000D_ _x000D_

Abacus Finance Group served as administrative agent and sole lender for senior secured credit facilities to support the leveraged buyout of 3Play Media by Riverside Partners.

Steven Weinstein has been appointed the Reimer & Braunstein’s managing partner, succeeding Stanley Reimer, who is retiring later this year. _x000D_ _x000D_

Monroe Capital was selected as the recipient of the 2019 Best U.S. Direct Lending Fund by Creditflux, a London-based global publication.

Alvarez & Marsal has added managing directors Dave Cappellina and Rich Fogarty in Washington, D.C., and New York/Miami, respectively, in its Disputes and Investigations practice. _x000D_ _x000D_

Jefferies has appointed Desh Peramunetilleke as head of Global Microstrategy Product in Equity Research.

PreCheck Health Services entered into a $1.25 million revolving credit facility with Oakwood Bank.

DGSE secured a $1 million credit facility from Texas Bank & Trust.

According to Reuters, Federal Reserve Chairman Jerome Powell expressed concern over the rise of business debt in the last few years, but did not believe comparisons to the decade-old subprime mortgage crisis were entirely warranted.